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$611,000

NAL Estimated Property Value

2509 Wheless LN B-1, Austin, TX, 78723

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,852 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$356.37 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Wine Cooler
FlooringConcrete, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size5,240 sqft

Building Information

Year Built2020
Stories2
Roof Type112
Garage Spaces1

Land Information

APN02222115040000
Lot NumberB-1
SubdivisionWheless Condominiums
Land UseResidential
Legal DescriptionUNT B-1 WHELESS CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002112
Assessed Land Value$105,000
Assessed Improvement Value$486,818
Assessment Year2025

About this property

Nestled within the heart of Austin's vibrant Windsor Park neighborhood, 2509 Wheless Ln #1 is a contemporary haven that perfectly balances style and functionality. Situated in a private and secluded 4-unit complex, this modern home was built in 2020 by the renowned Otto Design Build With 3 bedrooms, 3.5 bathrooms, and an office flex space, this 1,847 sqft residence offers an ideal layout for both daily living and entertaining. The abundant natural light that streams through the double French-style front doors enhances the inviting atmosphere. The open floor concept seamlessly connects the kitchen and living/dining space, adorned with elegant light fixtures and timeless tile selections. Birch cabinets and a wine refrigerator in the kitchen island add to the luxurious features. The primary bedroom is a tranquil retreat with a vaulted ceiling, a lime-washed accent wall, and wall-mounted sconces. The primary bathroom features a glass and steel barn door, a double vanity, a walk-in closet, and a glass-enclosed shower. The second bedroom is an ensuite, providing a private space for guests. Outdoors, the fully artificial turf front and back yard offer a low-maintenance solution, while the Zen-like backyard garden creates a peaceful sanctuary. The covered patio with a ceiling fan is perfect for outdoor relaxation. Additional amenities include an epoxied garage floor with built-in storage and a gated, fully-fenced complex for added security. With no HOA dues or STR restrictions, this home offers both elegance and freedom in Austin's dynamic real estate market.

Investor Tools

Property Icon
$611,000
Estimated Property Value
$506,545Estimated Mortgage Balance
$104,455Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,951
$591,818
2025
$105,000
$486,818
$591,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,951
$591,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$528,000
No
First
Jan 31, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,545
$104,455
17%
83%
$3,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,166/mo
$-1,078/mo
4.1%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2509 Wheless LN B-1 | Property Details | No Agent List